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Compare Mortgage Types – Mortgage Types – ING – Compare mortgage types Basic variable rate mortgage. This mortgage may give you a lower rate than. Standard variable rate mortgage. These mortgages generally have a higher rate than. Fixed interest mortgage. With this type of mortgage you can protect yourself from interest rate. Line of.
Home Loan Programs. You’ll have monthly mortgage payments of $3160.34 for a total of 360 months, or 30 years. You will be required to pay the same amount each month until the loan is paid off. So the total amount you would pay on a $500,000 loan at 6.5% over 30 years would be $1,137,722.44.
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